Hemlo Mining Corp. Appoints Eva Koci to Board of Directors

Ms. Koci has also been appointed Chair of the company's Compensation Committee and will serve as a member of its Audit Committee.

Ms. Koci brings more than 20 years of experience in capital markets and investment banking, with a strong focus on the mining industry. Most recently, she served as Partner and Head of Capital Markets at Oberon Capital Corporation from 2013 to 2024. During her time there, she helped grow the firm into one of Canada's leading charity flow-through financing companies, raising more than $1.5 billion.

She began her career in investment banking at Scotia Capital Markets before moving into institutional equity sales. At Jennings Capital, she served as Vice President of Institutional Equity Sales from 2003 to 2010, where she built and expanded the firm's U.S. institutional investor business.

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Ms. Koci later joined Stifel Nicolaus Canada Inc. as Managing Director of Institutional Equity Sales. From 2010 to 2013, she continued working closely with U.S. institutional investors until the company exited its Canadian operations.

She also served as an independent director and audit committee member of South Kirkland Gold (formerly Canadian Gold Miner Corp.) from 2017 to 2024. In that role, she provided capital markets expertise and helped support the company's strategic growth and future public market plans.

Ms. Koci is a CFA charterholder and holds an MBA in Finance from the Rotman School of Management at the University of Toronto. She also earned both a Master of Arts and a Bachelor of Arts (Honours) in French Language and Literature from Western University.

Jonathan Awde, Executive Chair of Hemlo Mining, commented: "We are delighted to welcome Eva to the Board. Her more than two decades of capital markets leadership in the mining sector, combined with her proven ability to build businesses and create value, make her an outstanding addition to Hemlo Mining. Her financial acumen and deep industry relationships will further strengthen the Board's skill set, diversity and independence as we execute on our strategy to build Hemlo into a leading Canada-focused gold producer."

Eva Koci, Independent Director of Hemlo Mining, commented, I am excited to join Hemlo Mining's Board at such a pivotal moment in the Company's journey. The Hemlo Mine is an iconic Canadian gold asset with a remarkable history and significant untapped potential. I look forward to working closely with management and my fellow directors to help accelerate growth and drive lasting value for shareholders."

About Hemlo Mining Corp

Hemlo Mining Corp. is a Canadian gold mining company focused on operating and growing the Hemlo gold camp in northwestern Ontario. Its flagship asset, the Hemlo Gold Mine, has produced approximately 25 million ounces of gold since 1985 through both underground and open pit mining operations. The company is focused on increasing efficiency, growing production and extending the mine's lifespan to maximize long-term value.

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